2023-12-11 23:56:00
The Tel Aviv Stock Exchange experienced a day of falling prices, with the ‘TA 35’ index falling by 0.7% and the ‘TA 125’ index falling by 1.1%. The Tel Aviv 90 index fell by 2.2%, the bank stock index by 1.1%, and the real estate stock index stood out as the worst performer, dropping by 2.1%. The oil and gas stock index also fell by 1%. After a whole day of trading with falling prices, the screens were colored red as the stock exchange closed.
In foreign currency trading, the dollar strengthened by half a percent, with its rate being locked at NIS 3.71 per currency. The euro also rose by 0.3%, with its representative rate set at NIS 4.0011 per currency.
Additionally, the Ministry of Finance revealed data regarding the impact of the recent war on the employment market. The review of the Chief Economist at the Ministry of Finance, Shmuel Abramson, showed that in October, approximately 764,000 employed individuals were absent from their jobs due to the fighting. The figure mainly included men who were absent due to reserve service to which they were called.
It was a challenging day for both the stock market and the employment market, highlighting the continued impact of recent events on various sectors of the economy.
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